If you are a business owner or landlord and use independent contractors to perform services for your business or your rental that is a trade or business, for each individual whom you pay $600 or [...]
With the great need for aid in the wake of the recent hurricanes and wildfires, you no doubt are being solicited for donations and need to find out of they are a legitimate tax-deductible [...]
Welcome to 2019 and a delayed provision of the tax reform, also known as the Tax Cuts and Jobs Act (TCJA). Big tax changes for divorce decrees are now in effect.
Unlike a C corporation, which itself pays the tax on its taxable income, an S corporation does not directly pay taxes on its income; instead, its income, losses, deductions, and credits are [...]
Thanks to recent tax reform, the Affordable Care Act Penalty for not having adequate health insurance, which the government refers to as the “individual shared responsibility payment,” will no [...]
If you are a small business owner, now is the time to take a closer look at your profit and loss sheets to determine how you can improve profits to make the most out of this current booming economy.
Tax time is here, and if you are like most taxpayers, you are finding yourself with the ominous chore of pulling together the records for your tax appointment.